One of the definitions we have provided in this series was the definition of a Key Performance Indicator (KPI). Per author David Parmenter in his book “Key Performance Indicators”, A characteristic of a KPI is “non-financial in nature that can be measured daily yet can have a significant impact on operations”. For my financial colleagues, … More Leading vs. Lagging KPIs – What Successful Companies Measure
April 26, 2014– Earlier this year, I attended a presentation Harold Peterson (my father) gave at a local community center on Long Island on political reform in New York. The audience included retired executives who were present to hear the many alarming political spending trends in the state. Mr. Peterson, author of the website “Reform … More Discovering New Ways to Reach Congress – How Social Media Can Raise Your Influence
QuickBooks Business Analytics with webKPI Sleeter Group Blogger Charlie Russell does a review on webKPI for the QuickBooks community.
“I never lost money turning a profit.” Bernard Baruch wrote that straightforward statement about the importance of making a profit. In order for any business to be healthy, it must have the best gross profit it can possibly achieve. Bottom line – it’s the number one thing that contributes to paying salaries, rent, marketing, and all … More Gross Profit KPIs: Tips to Beat the Margin
Author Alex Noble wrote in Sunshine through Shadows, “Success is not a place at which one arrives, but rather the spirit with which one undertakes and continues the journey.” Most people enjoy a sequel, so to borrow from Hollywood, I’ll will continue the journey with guns blazing on how to implement Key Performance Indicators (#KPIs) by … More Why Business Coaches Should Implement KPIs